#Fedratecutexpectationsheatup
Bitcoin (BTC) reached new record values on Monday, marking an important milestone. However, after that, the coin has mostly been moving in a sideways trend, reflecting traders' indecision.
Many market participants expect that the price may drop below $120 000, and on-chain indicators suggest a possible short-term decline.
The recent sideways trend of BTC is accompanied by a weakening momentum. According to Glassnode, the accumulation ratio of coin holders has been decreasing since Monday and continues to fall.
At the time of publication, the rate is 54.42%, d
Bitcoin (BTC) reached new record values on Monday, marking an important milestone. However, after that, the coin has mostly been moving in a sideways trend, reflecting traders' indecision.
Many market participants expect that the price may drop below $120 000, and on-chain indicators suggest a possible short-term decline.
The recent sideways trend of BTC is accompanied by a weakening momentum. According to Glassnode, the accumulation ratio of coin holders has been decreasing since Monday and continues to fall.
At the time of publication, the rate is 54.42%, d
BTC-0,2%












